Mike Fallow

Associate

About

Mike has experience of advising trustees, employers and providers on a range of pensions issues in relation to both DB and DC arrangements, with particular emphasis on finance and investment issues.  He has a particular interest in environmental, social and corporate governance (ESG) investing and stewardship.

He has significant recent experience of complex longevity swap transactions intermediated through captive insurance structures, including the £7billion longevity transaction for the HSBC Bank (UK) Pension Scheme, the second largest ever deal for a UK pension scheme. This type of work has included negotiating positions with several reinsurers on novation and partial termination rights to allow the scheme flexibility for buy-in or buy-out at a later stage, or to update its captive insurance arrangements.

Mike also advises on buy-in and buy-out transactions, investment management arrangements, pooled and segregated mandates, derivatives, collateral arrangements and custody agreements.  In addition, he has worked with clients in relation to liability management exercises (including pension increase exchanges and pre-retirement transfer exercises), winding up legacy schemes caught under the master trust legislation, asset transition projects and the setting up of a provider’s self-invested pension plan.

Mike is an Associate Member of the Association of Pension Lawyers and acts as an alternate representative of the firm to the Society of Pension Professionals’ Investment Committee.


Memberships and Qualifications

Associate member APL


Career history

Qualified: 2016

Pensions experience since: 2016

Joined Sackers: 2017

Employers: Stephenson Harwood (2016-17)

Bevan Brittan (2014-16)


Academic history

University/College:

University of Toronto (BA: English and Politics) (2003-07)

University of Exeter (LLB) (2008-11)

Université de Rennes I (Maitrise en droit européen) (2011-12)


Further Information

Mike enjoys playing and listening to music, hiking, cycling, skiing, cooking and wine.